Zhu plans easier cross-border payments and broader FX access

Speaking at the Financial Street Forum in Beijing, Zhu said current-account measures would accommodate varied settlement needs and new forms of trade.

Capital-account policies would facilitate investment, financing and fund allocation in both directions.

China will expand pilots allowing securities companies to conduct foreign exchange settlement and sales, and support exchange-rate risk management, particularly for smaller enterprises.

Authorities will strengthen links between onshore and offshore markets and advance renminbi internationalization.

Zhu also pledged stronger capital-flow monitoring, early warning and macroprudential management, action against illegal financial activity and protection of reserves' safety, liquidity and value.

By June 2026, over 50,000 creditworthy enterprises had review exemptions, up about 30 percent from end-2025.

First-half business exceeded $580 billion, twice the year-earlier volume; processing time fell below half its previous level.

By September, broader policies had served over 150,000 entities and over $3 trillion of business.

Beijing's financing and cash-pool pilots facilitated over $600 billion, serving nearly 100 technology firms and over 100 multinationals with over 5,000 member enterprises.

Banks apply simpler procedures to compliant firms and tighter supervision to high-risk business.